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Auction house Phillips has been on a streak of successful watch auctions one after another, and is showing no signs of slowing down. Just two weeks ago, in its Geneva Watch Auction: FIVE, the London-headquartered auctioneer sold the elusive Rolex "Bao Dai" Ref. 6062, fetching over CHF 5million, which makes it officially the most expensive Rolex ever sold in an auction. The legendary Rolex Paul Newman Daytona Ref. 6263 in yellow gold - or simply, "The Legend", one of three known examples ever - changed hands for a handsome CHF 3.7million in the same occasion. And it's not only the mega pieces that fared well, in fact, the rest of the lots did also sell for more than their respective high estimate consistently. Let's just say Phillips is enjoying a very good moment now with their unquestionably high quality watches on offer.

On 30th May, 2017, The Hong Kong Watch Auction: FOUR will take place, once again in the brilliant Mandarin Oriental and as usual, a public preview precedes the main event, with all pieces generously on display. We managed to spend some personal time with them in a sunny afternoon and here are our top picks from the 356-lot-strong lineup. You will see Patek Philippes, Rolexes, and some more. Let's check them out.

Introduction

If you're still looking for evidence that summer in Hong Kong is now in full swing, look no further: at one point over the past weekend, the temperature reached 38°C, meaning the temperature of the air you're breathing in is the same as your body's core temperate. That's pretty unthinkable.

​In the face of such insane heat, some choose to keep cool by staying in their air-conditioned homes, while some opts for more outdoor-sy solutions, not the least of which hitting the beach and taking a swim in the open sea. And that's when a good "amphibian" watch could prove to be your best companion: a watch that could tough it out in the sea as you swim, and act just as effectively as a stylish accessory for all your activities after on the land.

And today, we'd like to introduce to you some very nice double duty summer watches. And to make things a little more interestingly thematic, we focus exclusively on watches on rubber/ nylon straps, arguable more playful and flexible compared to their bracelet counterparts (sorry Rolex Submariner!). After all summer is about having fun, no?

We guarantee the Angelina Jolie part will appear somewhere in this article. Read on.

​We all know what a watch fundamentally does: it tells time, either to the accuracy of a minute (for two-hand watches) or a second (for three-hand ones). However, a good amount of mechanical watches, especially in the realm of Haute Horlogerie, were created to do so much more than just telling you what time it is. Some give you extra information such as date and day of the week. A chronograph watch allows you to measure the lapse of time. While an annual calendar watch saves you the hassle of having to adjust for the date at the turn of a month for at least a year. These features are what we call "Complications". And they are totally awesome.

A Complication is essentially any extra feature a watch possesses beyond simple time-telling. And in this episode of Analysis, we will break down for you several popular and significant Complications to give you a good sense of the matter so next time when that watch sales is trying to promote a complicated watch to you, you'd know exactly what he/she's talking about.